EOR TECHNOLOGIES AND APPLICATIONS IN MALAYSIA - CCOP
EOR TECHNOLOGIES AND APPLICATIONS IN MALAYSIA - CCOP
EOR TECHNOLOGIES AND APPLICATIONS IN MALAYSIA - CCOP
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Custodian of Malaysian Petroleum Resources<br />
Petroleum Management Unit<br />
(PMU)<br />
A distinctive resource owner and<br />
manager, maximizing value of<br />
Malaysia’s hydrocarbon resources<br />
Attract Attract exploration<br />
exploration<br />
investments<br />
investments<br />
Optimize Optimize Malaysian Malaysian<br />
E&P E&P Assets Assets<br />
Facilitates Facilitates<br />
development development & prod. prod.<br />
Monitor Monitor all all E&P E&P<br />
companies companies<br />
To fulfill our role and responsibilities, we must undertake<br />
and implement <strong>EOR</strong> initiatives<br />
PMU Key Business Focus Areas<br />
PMU objective to maximize the domestic long term value<br />
of reserves is done through 4 main levers<br />
Reserves addition<br />
100% replenishment ratio for crude<br />
and 70% for gas through exploration<br />
Reserves recovery<br />
Additional 33% replenishment<br />
ratio through IOR/<strong>EOR</strong><br />
Reserves production<br />
Sustain 3% annual increase in<br />
production to meet demand<br />
Operational excellence<br />
Production enhancement and<br />
reliability improvement
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